What Did the Stock Market Do Today? 3 Big Stories to Catch Up On.

what-did-the-stock-market-do-today?-3-big-stories-to-catch-up-on.

We are halfway through the week, short-sellers are feeling the pain, and investors are showing interest in a meme coin called Chibi Inu (CCC:CHIBI-USD). Beyond all that, what else did the stock market do today? Dive in with InvestorPlace below. Source: Shutterstock The S&P 500 closed higher by 0.19% The Dow Jones Industrial Average is up by 0.03% The Nasdaq Composite is up by 0.59% So what else did the stock market do today? Here are some of the top stories. What Did the Stock Market Do Today? Pump GameStop. Going into Tuesday, posters on r/WallStreetBets were largely focused on Virgin Galactic (NYSE:SPCE), following a successful test flight. SPCE stock prices were up, as was comment volume on the subreddit. For many retail investors, commercial spaceflight was the perfect moonshot. That all changed in just a few hours thanks to the resurgence of short squeeze hopes. Now, it seems that meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) are once again supreme. But things are different then the first short-squeeze frenzy. According to data from Fintel, the short interest on GME stock is at 24%. For AMC, that figure comes in at 27%. While those numbers are certainly elevated compared to…
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